Britannia AuctionsWho removes the machines and who pays?
The buyer arranges and pays for removal, using a machinery mover where the weight and dimensions call for one. What the job takes depends on the machine, the route out and the premises. Your side is to have the lot isolated by a competent person and drained, and to give access for the vehicle. Our staff attend during collection to release lots against paid invoices.
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Machinery and engineering auctions
CNC machines, lathes, mills, presses and workshop equipment catalogued with the detail the engineering trade asks for.
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A stage by stage account of an online timed auction for business assets. It covers the asset schedule, cataloguing, viewing days, how bidding closes, buyer's premium and VAT, collection and how you get paid.
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What to do before viewing day. Keep the machines that can be run safely available to demonstrate, isolate the rest, clean but do not repaint, find the tooling and manuals, and sort out access for removal.
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Buyers pay for what a machine will do for them, less what it costs to get it out and running. This guide explains how make, hours, tooling, demand and removal cost feed a guide price, and why that price is not book value.
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